SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Trump's company is soaring on the stock exchange

» Published: 06 November 2024

Trump's company is soaring on the stock exchange
Photo: Alex Brandon/AP/TT

The share in Trump Media & Technology – Donald Trump's media company – is soaring in futures trading on the New York Stock Exchange.

Trump's company, which operates the social platform Truth Social, is up 50 percent to over 51 dollars per share, according to CNBC.

The share price increase follows a period where the share has risen in line with Trump's growing popularity in the polls ahead of the election.

It's also going well on the stock market for electric car manufacturer Tesla. Tesla CEO Elon Musk announced his support for Trump in the presidential election last summer, and in futures trading on Wall Street, the share is up over 12 percent after Trump declared himself the winner of the American presidential election, writes news agency Bloomberg.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

China reaches growth target after strong final quarter
2 MIN READ

China reaches growth target after strong final quarter

Down in Japan – up in China
1 MIN READ

Down in Japan – up in China

Upward trend for China's economy
1 MIN READ

Upward trend for China's economy

Down on Wall Street
1 MIN READ

Down on Wall Street

Billion Fines for American Express
1 MIN READ

Billion Fines for American Express

Adviser: Trump wants to save Tiktok
3 MIN READ

Adviser: Trump wants to save Tiktok

Employers want to stop Israel blockade
1 MIN READ

Employers want to stop Israel blockade

Crisis for Vapiano – Applies for Reconstruction
1 MIN READ

Crisis for Vapiano – Applies for Reconstruction

Lagerhaus Applies for Reconstruction
1 MIN READ

Lagerhaus Applies for Reconstruction

Kristersson wants to act against Chinese online companies
1 MIN READ

Kristersson wants to act against Chinese online companies

Nintendo shows the successor to Switch
1 MIN READ

Nintendo shows the successor to Switch

Unexpectedly weak growth for US retail sales
1 MIN READ

Unexpectedly weak growth for US retail sales

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs

Increased Probability of Interest Rate Cut
1 MIN READ

Increased Probability of Interest Rate Cut

Mass Layoffs at Oil Giant
1 MIN READ

Mass Layoffs at Oil Giant

Northvolt gets reprieve from US court
2 MIN READ

Northvolt gets reprieve from US court

Proposals for new electricity areas delayed
1 MIN READ

Proposals for new electricity areas delayed